Ann: Acquires Lithium Rights and Infrastructure from Metals X, page-2

excellent acquisition from Min .

Chris Reed, Managing Director commented:
“Securing access to Metals X’s ground significantly enhances the Mt Marion Lithium Project’s
potential to become a long-life, globally significant lithium concentrate producer, and is supportive of
our focused strategy to become an integrated lithium compound producer and supplier to the
Lithium-ion battery industry.”
“The next step in the project’s development plan is to secure binding offtake agreements before the
project partners can consider a final investment decision. Lithium’s strong demand and price
fundamentals are driven by the megatrends of the electric cars and renewable energy storage.”